MB Market Update: 1/31/14

By Dave Fratello | February 3rd, 2014

It's time for one of our twice-monthly updates on the Manhattan Beach real estate market.

Here's the quick overview on active inventory (click here for the list):

  • 30 active listings as of 1/31/14
  • 27 SFRs
  • 3 THs

See the MB Dashboard for up-to-the-minute data.

Active listings by region of Manhattan Beach in this report:

  • Tree Section: 6 actives (+1 over 1/15)
  • Sand Section: 8 actives (+2)
  • Hill Section: 4 actives (flat)
  • East MB: 12 actives (+2)

We're also providing a report on pending and closed sales by region of MB.

Sales are organized by sub-region of Manhattan Beach.

Here's a link to the spreadsheet: "MB Pending/Sold as of 1/31/14."

A few highlights among sales this period:

3604 Palm (5br/4ba, 3260 sq. ft.), a Craftsman near Roscrans at $2.135M (pictured)

611 Bayview (3br/4ba, 2700 sq. ft.) at $3.250M (!)

432 23rd (3br/4ba, 1930 sq. ft.), a new TH with no views to speak of at $2.152M

For closed sales, we provide the past 6 months' worth of sales by region. This is the typical window of time used by appraisers. The spreadsheets are useful to anyone tracking the market or trying to estimate the value of a home for purchase or sale.

Remember, these links are always live under the top "navbar" of the home page, right under "MB Market Updates."

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